Scotts Miracle-Gro (SMG) Misses Q1 EPS by 14c; Reaffirms Outlook
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ScottsMiracle-Gro Reports Strong First Quarter Sales; U.S. Consumer Sales Increase 9%; Acquisitions Push Hawthorne Up 84%
January 30, 2019 7:00 AM ESTGAAP loss from continuing operations per share of $1.49 vs. $0.35 in prior yearNon-GAAP adjusted loss per share of $1.39 compared with $1.08 in 2018Year-over-year cost pressures expected to begin offsetting in Q2 for balance of yearHawthorne Q1 sales trend continues to improveU.S. retailers highly engaged in preparing for 2019 lawn and garden seasonFull-year guidance for sales, adjusted EPS and cash flow re-affirmed
MARYSVILLE, Ohio, Jan. 30, 2019 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), one of the worlds leading... More
